2021 SPRUCE STREET new

Prince George,BC V2L2R7

$ 299000

4 Beds

2 Baths

891 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 891 sqft

Price per Sqft $335

MLS Listing ID R2948117

Style Ranch

Bedrooms 4

Originating Board BC Northern Real Estate Board

Year Built 1952

Lot Size 0.257 Acres

Acres 11200.0

Property Description

* PREC - Personal Real Estate Corporation. Attention investors!! This unique investment opportunity is a property that is earning a 7% cap rate & has a lot of potential. There are two houses on one lot (2021 & 2029). You can live in one & rent out the other or rent out both places. Each house has its own large size fenced yard & driveway. Each house has two bedrooms & one bathroom, while one of them, has an extra room (den) in the basement. Each property rents for $1,200 each per month (2,400 total) ($28,800 yearly revenue); tenants pay their own gas & hydro. Expenses are city utilities $2,800.00, taxes $3,085.00 & insurance $2,900.00. The yearly net revenue is $20,000.00. (id:24570)

Location

Province BC

Rooms

Extra Room 1 Basement 16 ft X 6 ft ,6 in Den

Extra Room 2 Main level 15 ft ,1 in X 11 ft ,3 in Living room

Extra Room 3 Main level 13 ft ,4 in X 9 ft ,3 in Kitchen

Extra Room 4 Main level 10 ft ,2 in X 8 ft ,8 in Dining room

Extra Room 5 Main level 11 ft ,6 in X 11 ft ,6 in Primary Bedroom

Extra Room 6 Main level 11 ft ,6 in X 9 ft ,7 in Bedroom 2

Interior

Heating Forced air,

Exterior

Parking Features No

View Y/N No

Roof Type Conventional

Private Pool No

Building

Story 1

Architectural Style Ranch

Others

Ownership Freehold

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